Fidelity would like to estimate the proportion of privately traded companies that automatically enroll their employees i

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answerhappygod
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Fidelity would like to estimate the proportion of privately traded companies that automatically enroll their employees i

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Fidelity would like to estimate the proportion of privately
traded companies that automatically enroll their employees in a
401k retirement plan. Assume that the desired margin of error is
0.03 for a 95% confidence interval.
How large a sample should be selected if it is anticipated that
roughly 45% of privately traded companies automatically enroll
their employees in a 401k retirement plan?
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